REAL ESTATE INCLUDED
Passaic County, NJ
Newly Renovated! Top of Line from Start to Finish! Beautiful New Hi Technology! 2 Acres! Perfect for Express! Nice Profit & Growing! Please Check this out!...
Car Washes For Sale in New Jersey
Market Info
Beautiful CarWash & Property Opportunity!
EBITDA: $250,000
Super Stunning! Auto Spa! Ultra Modern++
REAL ESTATE INCLUDED
Bergen County, NJ
Ultra Profitable Car Wash Lube and Property Option! Superb Equipment and so much of it! This is so special!...
EBITDA: $750,000
Tint & Detailing
REAL ESTATE INCLUDED
Elk, NJ
Fantastic Express Exterior Car Wash
New Jersey
Express Car Wash with Real Estate
REAL ESTATE INCLUDED
Atlantic County, NJ
In-Bay(automatic) Car Wash with Real Estate
REAL ESTATE INCLUDED
Cumberland County, NJ
Car Wash
REAL ESTATE INCLUDED
Toms River, NJ
Full Service Car Wash & Auto Repair
REAL ESTATE INCLUDED
Ocean County, NJ
Newly renovated EXPRESS CAR WASH
REAL ESTATE INCLUDED
Moorestown, NJ
Flex Car Wash & Lube with Land
REAL ESTATE INCLUDED
Camden County, NJ
TINT WORLD®
Franchise
Available Nationwide
Express Exterior Car Wash with Land
REAL ESTATE INCLUDED
Camden County, NJ
Car Wash with Property in Cumberland County
Real Estate Only
Cumberland County, NJ
Buy or Sell a Car Wash Business in New Jersey
Car washes are one of the most popular businesses to purchase thanks to the consistently high demand for their services, and relatively low operating expenses. This highly profitable business does tend to have higher capital expenditures.
Market Overview
We have aggregated and analyzed listings of car wash businesses in New Jersey to provide some context of the current market. Keep in mind, the financials presented are averages and each business is unique, so careful analysis and evaluation is necessary before making any investment or exit planning decisions.
|
Number of Businesses Analyzed |
37 |
|
Median Asking Price |
$1,947,500 |
|
Median Reported Revenue |
$790,000 |
|
Median Reported Earnings |
$325,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New Jersey Car Wash Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.75 |
4.30 |
|
Median |
2.57 |
6.00 |
|
Upper Quartile |
3.48 |
6.83 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
For an in-depth analysis of valuation trends and multiples, see our report on Car Wash Business Valuation Benchmarks.
FAQs
How much does it cost to buy a car wash in New Jersey?
The cost of buying a car wash can vary significantly depending on the location, size, and profitability of the business. Based on our most recent analysis of car washes listed for sale, the median asking price is $1,947,500.
How much do car wash owners earn?
New Jersey car wash owners' earnings vary, but the median reported revenue is $790,000, with owner earnings at $325,000 annually.
How do I value a car wash business?
Valuing a car wash business involves a multitude of factors, but most buyers and sellers will start by assessing its financial performance and comparing that to its peers in the market. Valuation multiples help compare similar businesses with different revenue and earnings levels.
As of our most recent analysis of asking prices in New Jersey, car wash revenue multiples range from 1.75 to 3.48, with the median at 2.57. Earnings multiples range from 4.30 to 6.83, with the median at 6.00. Using these values, the average car wash business in New Jersey might sell for 2.57 times its annual revenue and 6.00 times its annual owner’s discretionary earnings.
Keep in mind, asking prices tend to be higher than final sale prices, so these multiples tend to skew high. Real estate included in the sale will also drive valuation multiples higher.
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